Examples of Assignment of Management Agreement in a sentence
In consideration of the Loan, Bxxxxxxx and OpCo agree to enter into the Assignment of Management Agreement as security for all of the obligations and indebtedness of Borrower to Lender now or hereafter existing, and the provisions of which are hereby incorporated herein by reference having the same force and effect as if set forth herein.
The Agent shall have received copies of each Assignment of Management Agreement duly executed by each Borrower and each applicable Property Manager.
Prior to the closing of the Loan, Borrower shall deliver to Lender a fully-executed copy of the Management Agreement, and the Assignment of Management Agreement, all in form and substance reasonably acceptable to Lender.
The Property Manager, the Back-Up Manager and the Borrowers shall have duly executed and delivered, or caused to be duly executed and delivered, the Property Management Agreement and Assignment of Management Agreement.
On or prior to the Effective Date, the Property Manager shall have executed and delivered the Assignment of Management Agreement.